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Barchart
Rich Asplund

Stocks Climb on Positive Economic News

United States Dow Jones Intel Corporation Autodesk ECB US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.04%.

Stocks are moderately higher today on positive corporate and economic news.  Intel is up more than +9% after Bloomberg News reported that the company is discussing various scenarios, including a split of its product design and manufacturing businesses.  Also, Autodesk is up more than +3% after reporting better-than-expected Q2 net revenue and boosting its full-year revenue forecast.  In addition, MongoDB is up more than +15% after reporting Q2 adjusted EPS well above consensus and raising its 2025 adjusted EPS forecast.

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